New GDP Definitions: Solid, Liquid, Gas

by Mike ‘Mish’ Shedlock
Mish Talk

The Advance GDP reading (first estimate) of third quarter GDP comes out tomorrow.

Here’s a recap of six GDP estimates plus a bonus opinion as to what constitutes “solid” GDP growth.

Current Estimates

  • GDPNow 3rd Quarter: 2.1%
  • FRBNY Nowcast 3rd Quarter: 2.2%
  • Markit 3rd Quarter: 1.0%
  • Econoday 3rd quarter consensus: 2.5%
  • Markit 4th quarter: 2.0%
  • FRBNY Nowcast 4th quarter: 1.4%

“Solid” GDP Expected

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